HUI has dutifully stopped at our projected 280+ resistance area. This was no great call because it always was going to at least hiccup there.
Here is the chart we have been using in NFTRH, showing inflation protected T bond fund TIP vs. regular T bond fund TLT. This ratio
There was a large spike in commercial short interest and some corresponding speculative long interest in silver as of Tuesday. We can bet that this
The destruction culminating in late June in the gold price brought out the usual suspects to school us ever since about why gold is all
Here is the weekly chart we have been using for the last few weeks. As you can see Huey is approaching the ‘neckline’ resistance to
A quick update today. I am not trying to scare anyone – least of all investors. But traders should be aware of the following sentiment
Last week the Silver-Gold ratio (SGR) failed to get with the bear memo as the sector got a hard shakeout, and look what happened. This
The HUI-Gold ratio is above the 50 day averages. It would be nice to see the 50’s hold as support on any pullback that may
GDX MACD is crossed down but importantly, TRIX is above zero and not triggered. Yesterday’s volume was good. We can either be freaked out by
These should be self-explanatory. Just trying to illustrate some supports and still unbroken bottoming stances on some items in the precious metals sector that I
Excerpted from NFTRH 250 (August 4, 2013) Momentum: the quantity of motion of a moving body, measured as a product of its mass and velocity.
Gold fund GLD is losing the equivalent of the 1300 support level we noted as important. SLV is losing an equivalent support level, although above
We have used the ‘continuum’ (monthly chart of the 30 year yield) for years now to define tops in inflation expectations (red arrows at or
Broad Market The economy is growing and the inflation may finally be taking root. Those are two messages that I think are coming out of